both side potential
wait for box breakout
avoid first 15min breakout
wait for 15 min candle closing
targets are marked
if the breakout comes after 10:00 am then the probability of winning will be more.
follow risk management
do your own analysis
do workout
do meditation
start reading books
Hello Everyone,
BIOCON Chart is on 15 min chart in channel,
looking for good intrady trade
watch levels now on support zone, if sustain on support level 230 then we will see next coming week again go up most resisistance zone,
but if break support level with huge red(Black) candle then will go down next support zone 224
*NOTE- we are not provided tips and...
we can plan for long at 230rs
both side potential
avoid first 15min breakout
wait for 15 min candle closing
targets are marked
if the breakout comes after 10:00 am then the probability of winning will be more.
follow risk management
do your own analysis
do workout
do meditation
start reading books
BIOCON uptrend
Formed an extended 3 wave
Completed its 4 wave in ABC internal count 5-3-5
May start upmove for 5th wave , having 5th failure as wave 1 is microscopic
It's an analysis, not a trading advice, trade with due diligence.
both side potential
avoid first 15min breakout
wait for 15 min candle closing
targets are marked
if the breakout comes after 10:00 am then the probability of winning will be more.
follow risk management
do your own analysis
do workout
do meditation
start reading books
both side potential
avoid first 15min breakout
wait for 15 min candle closing
targets are marked
if the breakout comes after 10:00 am then the probability of winning will be more.
follow risk management
do your own analysis
do workout
do meditation
start reading books
Biocon Ltd looks fundamentally very disappointing but there are few patterns on charts that makes it technically interesting at this point of time. Betting for an upside with a calculated risk doesn't seem as a bad option for now.
BIOCON ON CHARTS:
- Biocon has formed a Bullish Wolfe Wave.
- After 10 Weeks the Weekly closing has been above prior candle's...
NSE:BIOCON made an M pattern. But looking at the volume and the momentum, it seems the more selling will happen.
But if it bounces, then buy is also possible.
So both sides trade:
Trade: Buy above 280, SL: 276, T: 284/286
Sell below 272, SL: 276, T: 269/266
BICON Trendline and Triangular Breakout , Bullish NSE:BIOCON
Verdict BICON
Trendline and Triangular Breakout
Volume High
Indicators Bullish
T1 288
T2 298
SL 273
Only For Study Purpose
Biocon is trading at 52 week low and looking very weak. All technical indicators indicating bearishness. One can make short positions for the target of 270 and mark stop loss around 315 on clsb.
View for educational purpose
Price first broke down its important level but is now trying to move up again if it will give closing above 306 then we can expect a good up move but if it will break down trend line Then there could be a downfall again (not big)
parallel channel in biocon is smooth from bottom....will it be able to act properly from top as well. can we expect it to touch lower end of the channel now
